George Soros America’s Leading Philanthropists
George Soros is one of America’s greatest philanthropists and has given more than $12 billion dollars away. He supports people and organizations across the world who are fighting for the same ideas that he believes in such as freedom of expression, transparency, accountable government, and societies that promote justice and equality.
George Soros began to accumulate wealth in 1970, when he launched his first hedge fund, which became very successful and making him one of the most successful investors in American history. With his wealth, George Soros created the Open Society Foundations, which was a network of foundations, projects and fellow philanthropists in over 100 countries. His organization was based on Open Society and Its Enemies, which George Soros first encountered at the London School of Economics. This book argued that societies only grow and succeed when they allow for democracy and respect. Learn more about George at Biography.
According to Open Society Foundations, George Soros started his work in 1979, when he gave scholarships to black kids in South Africa who were under apartheid. He provided photocopiers, which allows reprinting of books that were banned in the Communist Eastern Bloc. He later created the Central European University, which was created to foster critical thinking discussion.
George Soros was originally born in Hungary in 1930. He managed to survive Nazi occupation and later survived Communist rule. He then emigrated to London, studying economics. In 1956, George Soros then moved to New York City and began his lifetime of philanthropy. George Soros’ claim to fame was being the man who broke the Bank of England, when he sold $10 billion worth of Pound sterling, netting him a profit of $1 billion during the Black Wednesday UK currency crisis.
Read more: http://www.forbes.com/profile/george-soros/
After arriving in America, George Soros took a job at Wall Street firm F.M. Mayer. Soros later setup his own firm in 1973 and called it the Quantum Fund Endowment. This fund help make George Soros the 21st richest person in the world, making him worth $26 billion. George Soros has helped establish after-school programs in New York City and offers aid to areas impacted by natural disasters. His foundation’s support for causes are numerous. George Soros has become a towering figure among those in the philanthropy world. He has given more than $7 billion dollars away through his Open Society Foundation. George Soros has become a very strong political donor for the Democratic party, who supports most of the same ideas as him. Visit projectsyndicate.com to know more about George.